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Byju s looking to settle with 2 of its operational creditors

The the embattled edtech firm was exploring settlements with operational creditors Teleperformance and Surfer Technologies, Byju s lawyer told NCLT

Byju s exploring out-of-court settlements with two of its creditors: Report | Indiablooms - First Portal on Digital News Management

Byjus has informed NCLT that it is exploring out-of-court settlements with two of its creditors.

NCLT Issues Notices to SpiceJet in Insolvency Pleas

The NCLT instructed the airline to file its response to the pleas within two weeks and scheduled the hearing for May 30.

NCLT asks Byju s to settle dispute with Teleperformance within a week

If the dispute is not settled by then, the tribunal would hear the case on merits and pass an order accordingly. The case will now come up for hearing on April 30.

BCCI objects to Byju s bid to refer dispute to arbitration, NCLT to hear case on Feb 28

Appearing for BCCI, senior counsel Nandakumar argued that they have filed their objections against Byju s application. He told the court that an application to refer a dispute to arbitration is not maintainable in insolvency proceedings.

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